A Look at Platinum Futures

Per a subscriber’s request, here is a look at the daily (futures) chart of Platinum (click to expand). We did not cram Pt or Pd into an already dense NFTRH 542, so here’s a look at Pt’s status.

Unlike its impetuous little brother Palladium, Platinum has been a bottom dweller for a long while now. A weekly chart would show a fully intact downtrend, but the daily could get interesting as it sports a constructive and up turned RSI and a positive (above zero) MACD. What’s more, as of this moment its price resides above the SMAs 50 & 200. A trend change would only be confirmed if those averages turn up.

platinum

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